Topic: The two ways to invest in bitcoins. (Read 647 times)

Are there other ways apart from the one you have mentioned that we don't know because your recommendations are very funny and too plain. If you have a plan to buy Bitcoin either in large sums or small amounts, you should sit down and calculate your risk, manage it, and have a run through it before you jump into the market, review the durations you intend to hold, the time to buy, this is very crucial as it will help you as an advantage, if you get lucky and buy bitcoin at low prices, usually those times people do panic, you will enjoy that and you wouldn't have anything to fear, these supports are very rear to come by again. so, think well before you buy.

But it's still the best choice compared to investing in altcoins or storing large amounts of fiat. I even dare to say that bitcoin still has better potential than gold, so the risks and returns that bitcoin investors will receive should be very worth it.

If you are unsure about bitcoin, then do asset diversification. The purchase steps need to be adjusted to your budget and plans. DCA is great for buying bitcoins at several price points, but accumulate whenever you have the budget.

Yes, of course, the initial strategy that must be prepared is financial conditions, investment objectives, preparation of knowledge and also a strong mentality, because what is said with investment is inseparable from the name of risk, most people don't pay too much attention to some of these factors and cause them to fail. of his plan though they did not fail miserably.

why do we have to distinguish between the rich and the poor in investing, basically the purpose of investing is to make a profit.  the DCA method is good enough for those who have a stable income from their real-world jobs so that those who don't have much time to do research can still make a profit even though the portion of the profit generated between the rich and the poor is very different.

To be able to make good profits in investing, especially in Bitcoin, these 2 things are very important to pay attention to...

• Momentum Trading ^[1]
• Fundamental Analysis: Principles, Types, and How to Use It ^[2]

[1] https://www.investopedia.com/trading/introduction-to-momentum-trading/
[2] https://www.investopedia.com/terms/f/fundamentalanalysis.asp#:~:text=Fundamental%20analysis%20is%20a%20method,a%20buy%20recommendation%20is%20given.

Each person may have a different standard about 'buying big'. For us, buying 1 BTC can be categorized as 'buying big'. But for a rich person, buying 1 BTC may be just a buying small for him. We actually can't generalize about 'buying big'. However, I agree that buying Bitcoin shouldn't bother our financial strength, adjust our funds for investing Bitcoin. For the person who has limited money, I agree that it is no need to buy 1 BTC. Buy 0,xxxx BTC that we spend extra money or safe money for investment. Investing in BTC is a high risk, don't rely on it for our future!!

There is only one way to achieve success in any business, it is to reduce the impact of luck to a minimum, and the contribution of your skill to the maximum. This is achieved by the fact that you have to maximize the number of outcomes depending on you (this is the mathematical expectation of poker and casino). Let me explain: the more games you play, or transactions you make to buy bitcoin, the greater the influence of your skills, and the less the influence of luck.
Conclusion: a lot of small transactions.

Not all users can determine it easily, while some others are able to do it.
Analysis hopefully helps them find the right time, but not all bitcoin traders and investors are able to make an analysis before buying, some are completely illiterate and just shoot in the dark.

Maybe, every trader and investor has their own way of buying their investment assets. Some will buy during corrections and accumulate it, while others will only make 1 move (lump sum) at a time without thinking. Both can be profitable, but an accumulation strategy should give you the opportunity to own more bitcoins for the same budget compared to lump sum.

Basically we are smart to know the right time to buy bitcoin, because the right time is very important in investing, especially in volatile asset investments like Bitcoin. Because the value of Bitcoins varies so much, it is important to do market research and analyze trends to determine the right time to buy Bitcoins.

Indeed, different investment strategies can provide different results, as you share. Having a diversified portfolio and buying small amounts on a regular basis can help reduce investment risk and increase long-term profit opportunities. if you have enough funds, buying in large quantities at the right time can also pay off handsomely. To be sure saving in fiat is not the right choice. because when inflation occurs, saving in fiat may not be enough to protect the value of our assets from inflation.

Buying big is good but considering that not everyone  has the capacity to buy even one  bitcoin, people  that don't earn much is not even advisable  to use all your earnings  to buy bitcoin what i feel is even better you can set goals of what unite of bitcoin  you want to buy. At least with this you can own some bitcoin too, and despite bitcoin  having its own risk at least investing in bitcoin is far better than investing  in shitcoin that can crash any time during  this bear market  a lots of projects could not survive it so the best thing is to put your faith in bitcoin and hope for the best.

These two methods are often and have been carried out by crypto users, especially investing in Bitcoin, the two methods are real and facts, there are separate considerations for people to do both methods.

In general, human life, from an economic point of view, there are several factors, what people generally know is rich and poor, this is where two things are always contradictory in life, in fact they want to invest as much as possible in Bitcoin to reach a level of financial happiness for themselves. these two things always get in their way.

If you talk about investment, of course the two choices are all of our considerations, say those with a weak economy, their high willingness to want to invest in bitcoin, automatically they have to choose the second method, a different story for them the established economy the first choice is not a problem for them.

There's no restrictions on the quantity of coins anyone should HODL.
If you're able to afford 50 BTcs.comfortably , good for you.... I cannot tell why some peeps be having a big doubt on BITCOIN's process but will still prefer to stake up some shitty coins that stands to get devalued over time.
Investing little on the other hand would also mean you haven't got much to do so... Don't let it get to the point where your cash Capital turns out the source of your survival -- cus that's exactly where peeps be saying that Bitcoin isn't profitable...._{it only means you'll be forced to sell during the buying sessions< and yunno what that means right?}

Sandra 🧑‍🦰

I will not underestimate any patterns or ways that people convey in the selling process or in the buying process because it must be very valuable to them.
Maybe some of us have the same way of investing which is to buy in bulk and buy in small amounts occasionally.

Of the two ways to invest in Bitcoin I want to say that the best way is at the right time.
Right when buying and right when releasing it is the basis of investment.
The right time requires many ways including requiring a lot of knowledge that needs to be mastered to make it easier to do so.

What is not good is not investing at all and choosing to save in fiat in my opinion.

To be sure, Buying Bitcoins can be done both in large and small volumes, depending on your desires and financial capabilities. If you have considerable wealth, you can buy large amounts of Bitcoin for a long-term investment, in either a bull market or a bear market. However, if someone has a steady income, they should consider carefully when to buy Bitcoin, especially when prices are high.

Of course, for traders, the basic rule is to buy when the price is low and sell when the price is high, with the aim of making a profit from the difference between the selling and buying prices. However, for long-term investors, DCA is often considered the best method to buy Bitcoins. DCA allows investors to buy Bitcoin consistently over time, thereby reducing risk and providing better price average returns. There are actually many ways to invest in bitcoin, but it all comes back to each of us because everyone has different financial circumstances, different investment goals and different levels of risk.

For me it's not so much a matter of quantity as how far you are prepared to buy, buying in bulk both when you understand how to invest properly and if a newcomer is not advised to take a larger approach at the start of the investment. Investment accuracy is based on the extent to which you are familiar with the correct investment pattern, mathematically it is true that when you buy in large quantities it will help you get large amounts of bitcoins.

But when you don't understand how to trade properly, then panic will make you lose the amount of bitcoins you have, the reason is because you are trying to cut your losses in the correction market. That is why buying in large quantities should be avoided for beginners who have not mastered the correct bitcoin investment method.

Everyone has their own way and pattern of making purchases in bitcoin, DCA is considered an option that can be used by some people who don't hold large amounts of money, so this method helps them collect bitcoins regularly, when you have a strategy for investing you will come out victorious.

You will never buy bitcoins with a large amount of wealth because you will only buy small amounts of bitcoins.  If you buy Bitcoin with all your assets in one trade and the market moves down, you will definitely face huge losses.  So it is better to buy bitcoins by looking at the market movement, the profit will be more if you buy small amount of bitcoins.

No, you are very wrong on this very statement of yours, because "Dollar Cost Averaging" method can be used by anyone, both rich and poor, and the only difference between the two is that while the rich will tend to huge amount, the poor are likely to use little amount of capital, but the truth about this method is that the higher the capital, the more profit you stand to gain. Which is far better than just buying and holding a coin for a very long time.

Before ways to earn bitcoin is to buy using Bitcoin and sell at the same time this you ominously cycle happens to earn with the cryptocurrency another form is investing through holding a bitcoin for a long-term goal and waiting for another all-time high profit.
Today there are a lot of ways to sell services and use Bitcoin. Also another is through gambling and buying some arts and products. We can see the innovation of Bitcoin, so people are taking advantage of it.

The main thing is that this purchase is not made at the maximum price. It is for this reason that DCA is used, which allows you to get an acceptable average cost of the purchase price. And here it doesn't matter whether you buy for a large amount or for a hundred dollars, the DCA strategy is equally useful in both cases.

With what he means, it's like this simple analogy.

1. Buying 1 bitcoin entirely, all at once.
2. Buying 1 bitcoin for many instances. Like having a budget set for a month or two until he reaches the amount of 1 bitcoin. He mentioned it as the DCA method.

I just have to disagree with what OP said about buying "big" is not advised. Actually, it's also advised the same as DCA. If you've got money now buy bitcoin so you won't be spending it on other matters.

I think their are different ways to buy based on how one earns income and how buoyant one is. Aside bitcoin,  the things we buy we don't buy it the same way, some people buy small,  bit by bit or in a large form. What people needs to understand is to buy in manner that won't inconvenience them financially. When I started investing in Bitcoin I was able to afford to buy in smaller portion that I wouldn't want to inconvenience me from managing my daily life. Investment is based on how personal income and how one can manage risk involve in investing.

I don't see anything wrong when someone decides to buy bitcoin at a go or at a time without buying gradually. Have you also considered the implications of buying ones at a time?
Yeah, you may buy now and price increase quickly maybe gained about 10 to 15 percent increase and you may decide to take profit. You have also reason of buying gradually?
You buy little now and the price increase as well which you may not have that opportunity to buy at that same point again so at then what do you do if I may ask you?

I don't really get what you mean by there are only two ways to invest in Bitcoin, buying big and buying small? There are many ways not just two to invest in Bitcoin and it is not based on the amount of fund you will be using to invest but what area you tend to invest and make some good profits.

You can decide to buy some units if Bitcoin and hold for as long as you want to hold which can give you the desired return that you want depending on how far you want to be holding. The other ways are through buying and selling your Bitcoin, staking, mining, trading which could be based on your experience or the knowledge that you have.

Buying bitcoin in one payment is risky because you need to buy bitcoin at the lowest price and you have only one chance to guess where the lowest price is to buy. And if you don't get it right, you won't have a chance to average the entry price if the price continues to fall significantly.

Buying in certain amounts over time gives you a better chance of getting a better average purchase price, in which case you don't have to try to hit the bottom price, we just buy in a predetermined range.

The first method is suitable for those who are confident that they understand the market well and can calculate the bottom (not sure if this is possible), and the second is suitable for those who do not want to worry about whether they can find the best entry point and just invest throughout the bear market.

Making huge profits from whichever of the two methods above here depends your luck except you're buying to hold for a very long period of time. You might buy big at once and then see the price down. See the case of those that onboarded Bitcoin investment at $69,000. And you can plan to be buying in bits as price moves all for you to see the price boom to a higher height. See the case of those thinking Bitcoin might go below $15,000 and just bought a little at $16,000. The Bitcoin from the eventually went above $30,000.

What I see as the best method of investing in Bitcoin is buy buying with the funds you can afford to keep away for a very long time as money invested in Bitcoin can't be regarded as loss. It will sure be profitable inasmuch you hold for a very long time.

While it's true that buying a large amount of Bitcoin can help you acquire a significant amount quickly, it's important to keep in mind that investing in Bitcoin (or any other asset) always carries a level of risk. Therefore, it's important to consider your own personal financial situation and risk tolerance before deciding how much to invest.

For many people, dollar-cost averaging can be a good approach, as it allows them to invest smaller amounts over time without risking too much of their capital at once. This can also help to mitigate the effects of short-term volatility in the market.

However, it's important to note that there is no one-size-fits-all approach to investing in Bitcoin or any other asset. Ultimately, the best strategy will depend on your own personal financial situation, risk tolerance, and investment goals. It's important to do your own research, seek out professional advice if needed, and invest wisely to maximize your chances of success

Right The two methods for investing in Bitcoin are dollar cost averaging (DCA) and buying large purchases. If you can afford it buying in bulk can be beneficial but due to Bitcoin volatility doing so carries risk. And DCA entails making regular small scale purchases which can reduce risk. Your financial status investing objectives and risk tolerance will all influence the optimal course of action. Its critical to conduct research develop a plan that fits your objectives and only invest money you can afford to lose.

You do not have a clear concept about the dollar cost averaging investment. According to you, you said the dollar cost averaging is made for people who are not rich. That they will be buying in a bits according to their income. That is not exactly the idea behind the dollar cost averaging.
The idea behind the dollar cost averaging is that you will be able to minimize your risk. Buying at different entries will make it possible for you not to be at a great loss if the market goes against you. And it also gives good accumulative profit if the market is by your side. The idea is not about someone having money and someone being poor.

Even people that are rich enough also use the dollar cost averaging nvestments, since they cannot actually predict 100% the movement of the market.

The amount of your income is a major determinant to your purchasing of Bitcoin, So what you do think could be big for you, precisely the investment fund could be little for the other person "what you can afford to lose" , so what should be very much of concern here is your method of investing, base on my little experience with investment, I highly discourage going all in at once no matter how much funds you are beginning with, I highly encourage proper DCAing, it really the best way you can beat all the ups and downs one could face while investing.

I don't think big time investors have the luxury of DCA. They just buy big at once whenever they feel the timing is right and move on. This is because these investors don't look to get the elusive "perfect timing" when they buy. They buy for the long haul and they know that at whatever price level they get in, they're bound to make profit whenever they sell off. Only small investors want to consider a low or high so to say before putting their cash down and most times they miss the opportunity. DCA is good, no doubt. However, I don't think it matters to an investor on a long term hodling.

The best thing is to buy Bitcoin according to our ability to buy it, according to the amount that we can afford to loose. Whether buying in large quantities at once or small, this depends on the ability of each investor and their strategy whether to do it with DCA or all at once. Because sometimes there are large investors who invest large amounts of Bitcoin and that's okay. And there are also some of us who also immediately make large investments at once for HODL for a long time, especially they might not like complicated things to buy several times.
However, there are indeed investors who do DCA, buy gradually according to changes in Bitcoin that they feel are right to buy wisely.
the point is to buy Bitcoin according to our ability and strategy, regardless of the amount, whether big or small.

People of all income levels are free to decide how much bitcoin to buy at any particular time. I don't think it's necessary to tell someone how much bitcoin they should buy since they have to decide for themselves whether or not to take a chance. We are unable to influence anyone to buy bitcoin.  Or tell them how much they should spend—they are the ones who make the decision.
No mate, you can't say whether someone has enough money to purchase a big amount of bitcoin and he didn't is not the proper thing since you didn't know the type of expenses he cover such family difficulties and other essential needs for his home. He may only have one source of income that he splits with his family, so if caution isn't taken when making a large purchase, he can find up having to sell the bitcoin for a profit or even losing some of his money.

Bitcoin investments is personal race and choice, bitcoin investment is what you can lose and gain. Invest what you can afford to lose, or takes the risk that involves in bitcoin investment, buy bitcoin or investing in bitcoin is a person's choice, if you want to buy bitcoin and holding in long-term or invest in short-term, and if you don't want to invest in short-term investments you hold it to your satisfaction and sell it, but when someone have good knowledge and good capital to investment, the person can invest in huge amount of money, but invest any amount you can afford to lose and don’t invest any amount that will hurt you after investing.

Buying bitcoin for investment is determination and personal choice, I believe that bitcoin investment is something you have decided to take the risk or take anything come as result of the investment, converting your unnecessary expenses to bitcoin investment is one of the main things that someone should have done, especially people who spend unnecessary and they are not accountable to their expenses

How's this not advisable? If you have the money and don't want to stay updated with the market and also have very long term plans for your investment, you don't have to follow the DCA rule. You can just buy and lock them away in your private wallet. Let say I want to buy Bitcoin and hold for 10 years or more, you don't expect me to DCA when I'm a very busy man. I'll just buy as much as I can buy now that the price is very low and hold as both  DCA and buying with one purchase is all okay provided you understand the risk of both strategy.

DCA could make you miss buying Bitcoin when the price is very low, let assume bitcoin never goes below $30k again, it means you would had missed the chance of getting bitcoin this low while purchasing one time would be giving you the advantage of having more unit due to the low price. The reverse is the case if the price falls further than it is, in this scenario the users buying through DCA is at more advantage than anyone who purchased Bitcoin one time. Both strategy have their advantages and disadvantages.

I may agree with you in one way and that should be when if someone is newbie and doesn't have good knowledge about the best time to buy Bitcoin especially during the bear market period.it is not be advisable to buy at once with big amount of money. I may say DCA will the best method to be using to accumulate Bitcoin, but when someone have good knowledge and good capital of investment and he/she believes it knows the right time to accumulate Bitcoin, it can buy once with huge amounts.


In my opinion, gradually accumulating bitcoin will be extremely beneficial in reducing risk in the cryptocurrency market.Sofar nobody can predicted the exact range in which the price of bitcoin would rise during a bull run or fall to during a bear market time,with that can i say that DCA will actually assist us to minimize the risk.

I will recommend this method only when you feel that bitcoin is near its all time low, then this might be a good idea to invest in bitcoin once with a big amount. For example, when bitcoin was near 16K-17K, you could have invested all of your money in bitcoin at that moment.


Dollar cost average is the best method to invest in bitcoin. In this way, even if you bought some bitcoins at a high price, you keep on buying at lower prices too, and hence your average buying price becomes good one and you can really take profits in the next market cycle.
Also, in my above example of buying everything at 16K, may seem good now but at that moment we did not know that it was the ultimate bottom. So even doing DCA at lower prices near all time low is good because no one knows the exact bottom.

You're wrong for saying buying big for one time is good if you can afford to lose and DCA is only for not rich people.

Either you buying big or small, you need to afford to lose because investing always carry a risk and that's will depends on your decision.

DCA is only to make you being consistent to invest Bitcoin, either you rich or poor, both of them can use DCA strategy, the difference is the amount of each buy.

I think there's no problem if you buying big for one time or DCA-ing, as long as you can hold at least 4 years, there's high likely you will not lose.

I prefer to buy bitcoins regularly in many corrections to provide an opportunity to collect more bitcoins. But I guess some people decide to buy bitcoins in one buy. This depends on each person's plan because we have different ways of using money and need to adapt to existing conditions.

We cannot follow other people's plans because of our limitations, so we need to have our own plans that are definitely different from others. If you have limited money to buy bitcoins at once, you can use the DCA method or buy regularly.

That will give you the flexibility to buy bitcoins at your desired price. You can also find out when you can buy bitcoins and when to hold your bitcoins.

You can buy bitcoin either in large volumes of small volume,it is all about how much you can afford to buy at that market price. If you are rich,you can buy whenever you want to accumulate more bitcoin to your investment either in the bull run or bear run as long as you will definitely make profit. It is only someone with a fixed income that has a problem of buying when the price is high and that will also affect the quantity of bitcoin he/she can pay for. It is only traders that must stick to the trading rules that says buy when the price is low and sell when the price is high,in other for them to make profit because trading is done on daily basis. DCA is the best method,if you can afford it and if you can't you can buy whenever you can either in small volume or in large volume.

We are still in a bear market and that's why it's a good time to accumulate some Bitcoin, it's a shame that people are too greedy that's why they take the meme coin route instead of supporting good projects like Bitcoin, there are other ways to accumulate Bitcoin like

1. Working online jobs and getting paid in Bitcoin.
2. Buying a Bitcoin miner and starting to get Bitcoin mined into your wallet every day, some Bitcoin OG's started their Bitcoin journey this way and it's also a good way to stay away from using any Centralized exchanges.
3. DCA is a good one too but you don't have to fix a time and date for continuous buying of Bitcoin, just buy when you can afford it, to me this is still a DCA technic.

How do you DCA in the bull market? Do you mean that you keep buying even when the price is going up? I think it's better if someone only does DCA when the price is dropping so that they can accumulate more at lower prices to get a better average price for all the Bitcoins they've accumulated throughout the time when the price was dropping.

That way, when the price starts going up, they can see their portfolio growing and they won't need to buy when the price is going up since they've already filled their bag when the price was right and they've almost bought at all intervals where the price will now go through.

There are not only those two kind of bitcoin or crypto currency buying strategy. based on the source i have read, at least there are ten kind of strategy to buy bitcoin or crypto currency.  But i will focus on what we have discussed i.e buying big and dollar cost averaging. 
I prefer to use dollar cost averaging because it is more controllable. This reason also caused my buying ability is not too high. Buying small strategy gives me perfect entry and exit point to keep struggling in a crypto market.

for investors and people who have the potential to become investors, this method is the most recommended (buying bitcoins regularly with the DCA method), because you can manage your expenses properly and stably, besides that no one knows what will happen in the future In the future, when you have an urgent problem, you will not rush to sell the bitcoins that you have.

the best way to secure the future is with good financial cash flow management.

I love the idea of buying big at first then investing smaller fractions subsequently. It is reassuring to know how the outcome of an investment would be without too much noise. The dollar cost averaging or DCA as fondly called, is one sure way to keep up the discipline of saving if one has so much bill on the budget to fulfil. There's no time to pretend all is well, when it isn't actually.
Hence, why I am a fan of the DCA despite whatever opinions you hold dear.

Investing with knowledge will never lead to loss and there is no way around it. If you can analyze or analyze the market well then you don't need to know any way. If you understand the market well, you will definitely have a chance to make a profit in your investment. And it is natural that when the bitcoin market goes down, investing in bitcoins can certainly be profitable in the future. But you can't invest when the market is moving up. So you have to keep in mind that you invest when the market goes down and sell when it goes up.

The dollar cost averaging method still remains my best way to accumulate Bitcoin. It is my way of buying small. However, during the bear market, I buy in large quantities. I think this is just automatic for every bitcoiners. That is, we buy more during the bear market and DCA during the bull market. It is like adapting to fit the market.

Actually there are many ways to buy Bitcoin and invest in it, but the most common and popular people use is to do it by DCA, and maybe some of them do it by buying one time and this method I think is more aimed at those who are big investors , but basically it's almost the same only in different quantities. but I think those who are big investors will still do DCA but in relatively high or moderate quantities.

Whatever the way(s) we used, the most important is that we are investing in Bitcoin.
We bought Bitcoin depending on our capability and the said limitation. We come into this kind of investment hoping that one day this will give us a better future. Like what I did, I accumulate little by little, DCA is what I mean. I have no plan of reaching out to 1BTC nor do I hold long-term because what I plan is to just sell them when the price is high enough to give me some profit.

Why do you thing buying big is generally not advised? If you are having enough money and you have done your research and you believe that’s the best time to buy, you can just buy at once and leave it in your wallet, actually I will recommend this for people that are planning to hold the bitcoin for long time, you don’t have to start studying the market just because of $1 or $2 difference, the only people that should be studying the market frequently are the day trader’s, but if you are holding for long time, just do your analysis and know when to buy.

Buying small occasionally is not a bad idea, maybe you are the type that’s been paid daily, weekly or monthly, you can be removing from part of your salary and buying bitcoin with it, no amount is too small to invest in bitcoin and no amount is too big to invest in bitcoin, but invest any amount you can afford to lose and don’t invest any amount that will hurt you after investing.

Indeed, when you want to invest in bitcoin, the methods you mentioned are often used by bitcoin investors. Because these methods are some of the basic techniques used in purchasing bitcoins, so that they are more efficient when they want to set prices and can get bigger profits. But that's only part of the technique, there are still a number of other techniques, which can be used when you want to invest in bitcoin. So if you call it only two ways, in my opinion your opinion is not quite right. More precisely, you can call it one of the buying techniques when you want to invest in bitcoin.

And you don't forget about the analysis that must be mature every time you make a bitcoin purchase. Because even though you use the technique or method that you described, you don't use good analytical techniques. Still the result will be less effective. Because analyzing the market is one of the most effective ways to make us profit by investing in bitcoin.

It could also be that if they don't want to buy when bitcoin hits $15k, then if bitcoin drops to $12k, they'll most likely wait to buy at $10k, LOL.
I want to know, what do you do next if bitcoin crosses $30k because I don't find bitcoins past $30k too hard? We are very close and will most likely break through that level this month, and we still have a long way to go until the bull season arrives.
As for me, I have also accumulated bitcoins throughout 2022 and will continue to accumulate until the halving happens, or if bitcoin is still lower than the old ATH, I still don't mind buying.

People mostly buy according to what they can afford and People would want to also but big if they feel they are buying at the lowest bottom of the market.  Their is no specific method on how  people should buy bitcoin,  I think people buy in a way which buying must suit their income or capital. When buying it is not advisable to buy big that can't be afford to lose, buying bit by bit of what one can afford is the best way to buy. I do not know your definition of what you mean by buying big, but if it should be big it  should be what one can afford to lose and not with 80% of savings, but something you know you will not really depend on  in a short time.

In such cases, I say that if they did not buy at a price of 15k, then where is the guarantee that they will buy at a price of 12k? Although I'm not sure if the price will drop that low, it looks like this correction will not be long and Bitcoin is turning up at the moment. If the price still continues to rise now, then it will be possible to say that the best time to buy has been missed. And it’s hard to say how to proceed further for those who have not bought yet, I bought the whole of 2022 and plan to buy until the price exceeds 30k, this is my plan that I made from the very beginning of investing and which I will stick to. I think having a plan is very important in any business.

Dollar cost avarege is the best way to invest in Bitcoin or any other altcoins. Because when you buy a big amount in a short time you may have a risk to lose funds if market crash. Again if you buy a little amount and when dumps again buy more then your portfolio will grow according to your investment plan and there will be a little risk because you still have funds to invest if market dumps. So always do DCA effectively and that's my opinion.

You can also buy a big amount if you are fully confident about the market movement then it will be more profitable. But in most of the cases DCA wins. So choice is yours.

Investing in smaller amounts is recommended for those who want to invest in Bitcoin but cannot accept the high risk of loss from their investment.

For most people who invest in Bitcoin with smaller amounts of money, losing some of their investment is not a problem because usually this money comes from their reserves, which they are okay with losing. In contrast to those who invest large amounts of money, usually they have the potential to regret and think Bitcoin is a scam when they lose their investment, because they invest with money they are not willing to lose and indeed their thoughts about Bitcoin from the start can make them richer faster

Sorry guys I don't think the use of DCA is just limited to people who only have a small amount of money or can't afford to buy a large amount at once. But this DCA can also be applied in some conditions.

- As in conditions when there are indications that predict the market will experience a decline (bearish market). So that regular and regular purchases can actually prevent us from buying at high prices. so that if every week there is a decrease then we can buy at a cheaper price every week. So the average purchase price we become cheaper.

- Other conditions might indeed be possible when we only want to invest with the money that we set aside every time we receive a salary every month or every week. Regardless of the price when purchasing because we focus on the long term.
And many other good conditions if we apply DCA. because DCA is also pretty good at maintaining the investor's mentality in accumulating bitcoins.

Because if we buy BTC in large quantities at once or in one purchase then I think our psychology is prone to panic. if after the purchase it turns out that the market has experienced a deep correction. So I still don't recommend it even to rich people.

I also learned to accumulate patiently or it could be in other ways such as purchases made every time there was a decline. and we are ready to accumulate at every price level that we mark (Average Down). I was taught a few months ago about this one way by my friend. But he said that this method can only be done in a bearish trending market.

It is not difficult to purchase a large quantity of bitcoins, but you must have a source of income that allows you to do so. It has been stated that you can purchase bitcoins in large or small quantities, making it clear that neither is required. This means you can purchase bitcoins with any amount of cash you have to purchase and hold. If you truly understand the investment process, it is also very easy to make a profit.
We are all aware that the price of bitcoin fluctuates over time, so investing in it today does not guarantee a profit tomorrow. If you believe that a large investment won't be successful or feel comfortable making a small investment from the money you already have, don't be overly eager to take on risk.

There are many ways to invest in bitcoin, your two ways of investment suggestion is well appreciated.

I am the guy who believes in moderate investment because anything less than 50$ investment will be hard for anyone to make a profit from their investment unless they hold their coins for a long period of time. Moderate amount for me anything between 300$-500$, it is the amount where you can make a profit by trading bitcoin.

But make sure you should invest in any amount that you will be afford to bear the risk, and make sure any money you are investing in bitcoin, you won't be needing it for that particular moment, don't invest the amount u will be needing in few days. The DCA investment way is one the best for small investors who can not afford big capital to invest in Bitcoin at beginning. And the DCA to grow ownership by buying it periodically according to the bitcoin price situation. Buying big depends on your financial capability as well as your awareness of market activities.

LoL, talking about most people in the forum, yeah, that's absolutely the truth. Some people just have one reason or another for not buying yet. Although investing in Bitcoin is not a forceful thing to do, let them invest when they feel comfortable, like when they are fully convinced and when they can hold. While it's being overlooked as just a common thing, I think the ability to hold Bitcoin for a long time is an uncommon skill that some people do not have, and that's also a reason why they would not buy because they think even if they did, it must be at a very low price so they don't get so panic when price wall and could be forced the sell.

Whoever is speculating $12k now is just speculating something so unlikely to occur, but perhaps we can see $22k again (just my thoughts).

You have spoken about Bitcoin investment by rich, average and poor investors which all depends on Buying from an already existing store or wallet. But I have heard people talk about buying an ASIC that is capable of mining bitcoin (such as CGminer, BFg miner etc) is that not also a way of investing in bitcoin or is there nothing like bitcoin mining software applications??

yes, there are different ways to buy btc, but the most important thing is a good buying system and analysis before buying, and in my opinion whether the amount of money is big or small, I think it's the same.

but it would be better if the big money also used the dca system.

Buying big depends on your financial capability as well as your awareness of market activities.  Those who are new to the market and are unable to tolerate market volatility should refrain from making large purchases. This is also a good option for individuals who want to start trading because they can buy a small bit of it and learn how to trade with it to limit the chance of loss.


The Dollar Cost Averaging approach is appropriate for everyone, rich or poor. It simply relies on how much money you are willing to spend on purchasing at that period when the cost is quite considerable.  Both rich and poor people desire to buy while the price is low, but it all depends on how many bitcoin they can afford to acquire at that moment while still having enough money for daily self-consumption.

Of the two ways to buy bitcoins, it is better to invest with a small amount when starting a new investment. Otherwise, if you face a loss by investing more money, you will not continue to invest later. I think investing should be done when the market is down. And when the position of the market goes up, selling bitcoins can be easily profitable by investing in bitcoins.

It doesn't just happen to your friend, I've seen it happen to many people on this forum, many of whom haven't even bought any bitcoins yet. Some are still waiting in vain for bitcoin to drop to $12k, while some are growing impatient and asking people the best time to buy bitcoin this year.
I know bear season isn't over yet, but expecting bitcoin to drop below $16k again is highly unlikely, and now is still the perfect time to accumulate bitcoin. But they continue to question whether to buy or not and still wait.

There are several ways to invest in Bitcoin my dear apart from the two which you just mentioned above such as  buying big and buying a small regular consistent amount, as the other ways to invest in Bitcoin include mining whereby all a user need is buy a mining equipment which does the work of solving complex algorithms and validate transactions on the Bitcoin network, and in exchange receive a reward in Bitcoin daily. While the other involves Bitcoin Future trading whereby whereby investors are allowed to speculate on the future price of Bitcoin and if they could be correct, end up receiving a reward.

It's still a good way of introducing the most popular or common ways of investing in Bitcoin. Since there's a lot of people who invest in a volatile situation not knowing what's their plan. Financial status also have a major role in investing in Bitcoin, since your puting your money at stake and risk that you are not sure that you'll profit or not. You should know your status for you to not blindly invest.

isn't the DCA you mentioned the Dollar cost Average op indicated in his post??.
Is the a difference, why and how??

Dollar-cost average works well for me, For someone who doesn't have a lot of funds to invest, DCA helps you to accumulate Bitcoin easily, it was just similar to saving but most of the time I lower the amount of Bitcoin that I buy especially if the market price is up to a certain percentage, I think it's a better strategy than buying same amount every time, then I increase my buying power when the market price is down.

Anyway, the important thing is you buy and accumulate Bitcoin in the long term, it's always gonna end up a profit as long as your going to buy low and sell high. Investing 1$ every day in bitcoin over the last five years

You also have to pay attention to market conditions when you want to buy in large quantities, which requires analysis so you don't enter at the wrong time. Buying in large quantities can still be done by investors who have deep pockets, the falling price of Bitcoin is a delicious meal for them to get Bitcoin at low prices.

I personally prefer to use CDA, part of the income I get from real work I invest in Bitcoin. Do it regularly without having to be afraid of losing, Bitcoin always provides multiple profits for those who are able to be patient.

We can not say it is good or bad with Buying big and Buying small occasionally (DCA). It depends on each investor.

If you have solid belief in Bitcoin, you can buy a big amount and hold it. This requires you to have very solid belief which can not be affected by news, fuds, market volatility. It is for very professional and successful investors. However, even if you are such investor, DCA is helpful for you.

The DCA investment way is best for small investors who can not afford big capital to invest in Bitcoin at beginning. However, they can accumulate bitcoin gradually by DCA and slowly increase their total capital in Bitcoin.

This is helpful for new investors to avoid panic, fear, uncertainty in this volatile market. This potentially helps newbie investors to become successful investors.

DCA tools:
https://dcabtc.com/
https://coinmarketcap.com/portfolio-tracker/
https://www.coingecko.com/en/portfolio

You can create your free accounts on Coinmarketcap, Coingecko and practice your demo DCA and see how DCA works.

That both only if you have money, if not how do you invest?.
Like me a long time ago, I don't have work and don't have money, so I can't invest in Bitcoin. But, I find another way to invest a bitcoin by joining a signature campaign where I get paid with bitcoin. It looks hard in 1st time because I have to suffice your needs also. then I have a strategy to spend it half and the rest I saved in bitcoin.

The best way to buy bitcoins is when you decided to forsake your bad habits and turn them into bitcoins, there will be no other good choice than that. imagine, instead of buying packs of cigarettes and alcohol, you will gonna spend that money on buying bitcoins until you no longer want to have those habits what's really good about that is you are keeping your money safe and have a higher chance to increase its amount up to decent percentage and sometimes it increases up to the point you never think of it especially when bitcoin's price reaches new ATH.

For those people that can afford to buy one bitcoin entirely or you've said to buy big, they'll definitely without a doubt buy all at once when they've got money because it might be spent into some other things if they don't buy immediately.

While for the majority of us, we choose to do it with little amounts because not everyone can afford to buy one bitcoin. But with this practice, it's the most recommended one because we're almost in the same situation that there's a limit with our budget.

The important thing whether you're the first or the second one is, we are accumulating bitcoin in the best ways that we can.

That's correct, but it's still not a surprise that some people don't really have a planned price they want to buy; some people just want to always be a lamer in the crypto space. At $15k, some people are still speculating for $10k or $8k, but they fail to realize that buying Bitcoin below $19k is really a perfect opportunity. and even if the price dropped, the difference wouldn't be that much. Some people are afraid of the perfect time to buy; they feel if they buy at a certain price below $20k, it might still fall more, but even if they are afraid, they can divide their capital into two or three places and invest one portion, although it depends on how huge the capital they even have.

Last year, a friend waited to buy at $12k based on his speculation. From the advice he gathered on YouTube and other platforms, he became so convinced that Bitcoin would fall to $12k that even when the price spiked from $15k to $17,000, he still believed it would dump more. It wasn't until this year that he finally bought it for $20,000. So if he had bought when it was still less, he would have made more profit; even without the DCA, he would have at least used some of his capital to buy at the $15k price while still waiting for his speculated price.

I don't see any difference in buying big and buying gradually, the only thing I know is just make sure you hold bitcoin, if you are having big money, then you can buy at once and if you are the type that's working and you decided to be buying with the money you are making gradually its not also a bad idea. But make sure you are investing any amount that won't be hurting you, and make sure any money you are investing in bitcoin, you won't be needing it for that particular moment, don't invest the amount u will be needing in few days.

Before investing, you should first calculate how much money you can use to invest and plan carefully.
You cannot use 30% -50% of your money from your income or savings to invest in bitcoin because you need money to meet your daily needs.
You must remember that in investing, you must use the money you can afford to anticipate if the market is not good so you still have money to survive.
So, in that case, maybe dollar cost averaging would be the method of choice for many people because they don't take that much of a risk.
But all of that will come back to each person investing in bitcoin.

Isn't this just the same? You are just buying it and just with different volume. That's not really "two" in terms of investing.

Maybe you can think about it like this. You do some freelance work on the internet and you charge them in BTC. That way, you are exchange your time for BTC. That's another form of investing and it could lead you great results too if you are able to really pump up the value that you are doing.

Dollar cost averaging is not used by people who are not rich or don't have enough money, it's used by those who do not want to time their entry into the market and choose to just buy at regular intervals. Microstrategy buys Bitcoin regularly, thousands of dollars worth of it at different times; which is a form of DCA but not done with small amounts.

• Matt could DCA with $100,000 worth of bitcoin every month, while
• Bob buys $50 worth of Bitcoin monthly.

These are different levels of investors but every one of them could DCA.

Buying big or small still falls back to how much you can afford. Investing an amount one can afford to lose has also remained the gospel. As far as Bitcoin and crypto currency investment is concerned the market cannot be 100% predicted. Which ever amount one's category falls under be it big capital investment or small capital it should be within the amount that can be affordable to lose by such person.

Never forget Bitcoin is not a get rich scheme asset. If one must be a millionaire by holding bitcoin the should be willing to invest in billions as the market structure stands at the moment we use money to get back money and the bigger the risk the bigger the reward and also the bigger the loss.

It is not the only way, but there are several ways, where you can provide services or employment or provide an activity that accepts payment in Bitcoin or services and many other ways.

Investment is not when buying, but rather when selling. Therefore, the method of buying does not affect your investment, but rather how to sell and invest.

Well, buy big when the price is low is a good idea that helped Many people to become successful in their investment, but if you don't have the money to buy big at the moment you can buy small and hold for the price of BTC to increase higher before you can release them for sale. Don't forget to use the money you can  afford to lose because, BTC price is unpredictable which the price can increase higher at anytime for people to experience bull season, and it can also decrease down at anytime for people to experience bear in the market. Don't forget that the two ways to invest in BTC you mentioned has risk, so they should be ready to face the risk to enable them to earn well in future.

In my opinion, we should not be too rigid and follow only one strategy. I mean, depending on the situation, we use different strategies, not necessarily buying once or always using the dollar cost average. For example, when bitcoin fell to $15k last year, that was too low a drop, we should buy a large amount instead of still using DCA with only 10% or 30% capital.

By the way, there may be some risk as there is still a chance that bitcoin will continue to fall, but if calculated carefully, the profit will be much larger than DCA. I also bought a bulk for $17 last year, and I missed under $16k, but the difference for me was negligible.

But what about the "buying medium" option? This is when you buy not so rarely to "Buying small" and not so often to "Buying big".

Dear OP, there is no need to drive yourself into any framework and restrictions. Buy bitcoin as you wish, if you have the opportunity to do so, faith in the profitability of BTC and the willingness to invest in a risky asset.

There is another amazing (one of many others) option: invest in btc without buying it. Can you guess or should I give you a hint?

Your Bitcoin investment pattern depends on your capital and your source of income if you have enough money kept aside for the investment, If you have enough capital then it is good to buy your Bitcoin once since the price is reasonable even though no price is too high for Bitcoin investment.

The DCA method of buying is helpful, especially for people that want to be investing some portion of their salaries in Bitcoin, and for people that don't have a constant source of income.

more and more investors are currently using DCA for their investments which can gradually grow. but this method will be quite draining of patience, because most investment planning is done for the long term. and I'm a little skeptical of newbies coming to invest long term. more of them explored several methods. and how to invest. but they won't do it long term.
the most important thing is to take advantage of the opportunity to get as much profit as possible. every time there is an opportunity to buy, then we can do it.

It depends on the market. If the market price of bitcoin has decreased very significantly, you can buy high amount of bitcoin at once.

Let me give you an example. Assuming the price of bitcoin fall back to $20000, someone can decide to buy big and it will only lead to happiness when the price of bitcoin increase.

What is advised is to buy bitcoin, if you like you can buy small or big, depending on your pocket. If you are collecting $500 weekly, you are saving and also using money for other things and only $100 that remains, you can be using $50 or more to buy bitcoin weekly. Sometimes, buying weekly is just because you do not have much to invest or when you are not sure of where the market is going.

The dollar cost averaging is actually advised just to reduce the risk of losing and also having to wait till the price gets down to a certain amount. Which might either not come through or might take longer time to come. But is not entirely bad to buy big at a time if one has the money to buy at that time. For example any price currently below the 20k and closer to 15k is my personal support level that bitcoin could fall low to currently. So any amount one has he could just buy at that time.

Having a certain planned amount to been used for bitcoin investment should be invested into it straight away although DCA is better but the longer it stays in fiat the more I feel it is not save from any inflation risk that could come. But this isn’t an advice not to have some funds on fiat though

There’s a lot of way to purchased Bitcoin and you only mention the popular which is the DCA. You can buy anytime that you want big or small simultaneously at different price level or in random pattern depends on your current financial capabilities. The method of buying Bitcoin is not bound on any rules or method since anyone can freely accumulate whenever and whatever they want because Bitcoin gives us financial freedom to control our investment.

Saying there’s only two way on buying Bitcoin is wrong because there’s a lot of possible combinations and irregular patterns to do it. Also this is not ways on buying Bitcoin but rather a measurement on when to buy Bitcoin.

There are only two ways to invest in bitcoins from some topics I have read in this forum, to buy a big amount of bitcoins once and to buy small amounts regularly according to a plan.

Buying big - Although this is generally not advised, I think buying big can be good if you can afford to buy big and then follow up with adding small amounts to what you have. Buying big will help you get a good amount of bitcoins quickly.

Buying small occasionally, otherwise known by the name of dollar cost averaging - This is method that is advised for people who are not rich, and who do not have enough money to buy big. I think if you have enough money to buy big and follow up with buying small amounts, but you just decide to buy small amounts regularly, you are not doing the best for yourself.